Apr 19, 2013 4:30pm PDT
and get into more cyclical areas like technology potentially. >> oh, you would get into technology? you see bargains because they've been so atenown over the lastouple of weeks? >> yeah. i think the valuation differential is so stretched at this point, you find a lot of the big stable consumer staples companies trading at 20 times earnings, where you see a lot of the technology companies trading 10 times earnings. so about half the valuation. and we do think there is some good value there as the economy does improve. we think that's a better stunt. >> i want to ask you about economic numbers. next week we are getting economic numbers on housing. and also we're going to get a sense of how the economy grew in the first quarter with that gross domesticroduct gdp number coming out. how is that going to impact action next week do you think? >> i think the components and the mix of gdp growth are going to be very important. what we saw in the fourth quarter of last year was a really big drag in terms of government spending. and that's not likely to repeat here again in the first quarter.
Apr 18, 2013 5:30pm PDT
by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >>nd with the ongoing support of these institutions and foundation and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> suarez: rescuers worked in wet weather today to find survivors amid the rubble from the fiery explosion at a texas fertilizer plant last night. late today, authorities acknowledged there were fatalities but declined to confirm how many. earlier estimates ranged from five to 15 though there were reports the toll would go much higher. the cause of the fire and explosion is still not known; officials said today there's no evidence of foul play. a man using his cell phone captured the moment last night when the west fertilizer company plant exploded. that flattened buildings within a five blocks radius and sent shockwaves out for miles around. >> i was actually picked up and thrown about ten feet. i was standing by the
Apr 18, 2013 5:00pm PDT
country. the japanese participants also shared their latest green technologies. >> translator: japan has taken effective environmental protection measures. china should learn from its experience. >> chinese cities are often covered with smog known as pm2.5. they aring looking waits to help china cope with the problem. >>> reports suggest next week's eu meeting will see the lifting of many economic sanctions against myanmar. behind the likely move to go one step further are several factors, including myanmar's recent decision to allow the distbution of a nationally daily newspaper after more than 50 years of prepublication censorship. the country, however, will still not be allowed to import arms or law enforcement equipment that may be used to suppress myanmar's citizens. the meeting of eu foreign ministers is likely to call on myanmar to consolidate its path to democracy, looking at general elections due in 2015. that's the year in which democratic leader aung san suu kyi is aiming to assume myanmar's presidency. pakistan's high court has ordered the arrests of former preside